Snam joins a global coalition to eliminate emissions by sea transport at the UN

The aim of the alliance is to establish concrete actions based on the International Maritime Organization (IMO)’s target to reduce global annual greenhouse gas emissions in maritime transport by at least 50% by 2050, with a view to achieving zero emissions as early as possible during this century. In this vein, the members of the coalition are committed to promoting the launch of zero-emission ships by 2030 and to promoting the development of clean energy sources according to a principle of technological neutrality. Maritime transport accounts for about 80% of global trade and 2-3% of total greenhouse gas emissions. If no action is taken, the emissions of maritime transport are destined to grow between 50 and 250% by 2050.

The coalition, born from the initiative of the non-profit organization Global Maritime Forum, includes important global companies in the entire maritime transport value chain, as well as associations such as Friends of Oceans and World Economic Forum. Signatories, besides Snam (the only Italian member), include Moller Maersk, Vestas, Lloyds, Siemens Gamesa, Unilever, the ports of Antwerp, Rotterdam and Vancouver, and China Navigation Company. The initiative is supported, among others, by UNCTAD, the UN organization for trade and development, and by Irena, the international agency for renewable energy.

Marco Alverà, Snam CEO, said: “We are very proud to join the Zero Coalition in order to contribute to the full decarbonisation of the shipping industry, with a strategic goal that is set to impact both ports and transport. Climate change is a global issue that requires a global response, the effectiveness of which will depend on the international community’s collective action. Snam is strongly committed in concrete initiatives for sustainable transport, both on road, rail and by sea, promoting the use of biomethane and bio-LNG as well as the development of hydrogen as a clean energy solution”.

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23 September 2019 - 16:42 CEST